29660 Goetz Rd - Service Station FOR SALE


Menifee, CA 92587
$11,153,000 USD
949-688-1280
29660 Goetz Rd, Menifee, CA for Sale
$11,153,000 USD
Service Station - FOR SALE
1/4
null | 6.5% Cap Rate

29660 Goetz Rd
Menifee, CA 92587


HIGHLIGHTS

  • Rare, Absolute NNN Sale-Leaseback
  • 20-Year Lease at Closing
  • 100% Bonus Depreciation Opportunity

OVERVIEW

• Single Tenant ARCO AMPM Sale-Leaseback: ° Rare, Southern California Gas Station/C-Store Offering ° Absolute NNN Lease with zero landlord responsibilities ° 20-year initial lease term with three, 5-year options ° 10% Increases every 5-Years & Options • About the Tenant: ° Backed by a Leading firm specializing in the development & operation of gas stations, convenience stores, and car washes ° 40+ years of convenience store, service station, & car wash experience ° 50+ Gas Stations & C-Stores Developed ° 50+ Rollover Car Washes & Tunnel Car Washes Completed • Bonus Depreciation: Property qualifies for 100% bonus depreciation on carwash improvements(contact for more info) ° “Big Beautiful Bill” included the reset of bonus depreciation to 100% for 2025 and beyond

FOR SALE DETAILS

PRICE

$11,153,000 USD

PRICE/SF

$2,935 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ARCO AMPM Sale-Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Truck Stop, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

351-074-022,351-074-025

ASK ABOUT THIS PROPERTY

Jonathan SchifferRealSource GroupMore Info
949-688-1280

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Jonathan SchifferRealSource GroupMore Info
949-688-1280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.